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(ORTEL_BZ) Ortel Communications complete technical analysis [charts+indicators] | Buy/Sell Ortel Communications | (ORTEL_BZ) share price targets

Complete technical analysis of Ortel Communications (ORTEL_BZ) by charts plus indicators, forecast predictions and share price targets for Ortel Communications (ORTEL_BZ)

Showing technical analysis as on 2024-09-30 View latest technical analysis

10 day averaged volume of Ortel Communications is 18007

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	1.66	1.66	1.66	1.66	0.107 times
23 Mon Sep 2024	1.75	1.75	1.75	1.75	0.197 times
16 Mon Sep 2024	1.85	1.85	1.85	1.85	0.276 times
09 Mon Sep 2024	1.95	1.95	1.95	1.95	0.531 times
02 Mon Sep 2024	2.06	2.06	2.06	2.06	1.092 times
23 Fri Aug 2024	2.17	2.17	2.17	2.17	0.224 times
22 Thu Aug 2024	2.07	2.07	2.07	2.07	0.594 times
21 Wed Aug 2024	1.98	1.98	1.98	1.98	0.742 times
20 Tue Aug 2024	1.89	1.80	1.89	1.80	0.654 times
19 Mon Aug 2024	1.80	1.80	1.80	1.63	1.492 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1.6 as stoploss in an intra day buy trade for a target of 1.77. However, stock will show a bearish move below 1.6.

Share price targets for Ortel Communications (ORTEL_BZ)

Target Type	Value
Downside Target	1.25
Downside Target	1.32
Downside Target	1.35
Downside Target	1.38
Downside Target	1.45
Downside Target	1.65
Upside Target	1.75
Upside Target	1.85
Upside Target	1.95
Upside Target	2.06
Upside Target	2.17

Intraday share price targets for Ortel Communications (ORTEL_BZ)

Target Type	Value
Downside Intraday Target	1.66
Downside Intraday Target	1.66
Downside Intraday Target	1.66
Downside Intraday Target	1.66
Downside Intraday Target	1.66

Weekly technical analysis of Ortel Communications (ORTEL_BZ)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	1.66	1.66	1.66	1.66	0.543 times
23 Mon Sep 2024	1.75	1.75	1.75	1.75	0.712 times
16 Mon Sep 2024	1.85	1.85	1.85	1.85	0.52 times
09 Mon Sep 2024	1.95	1.95	1.95	1.95	0.486 times
02 Mon Sep 2024	2.06	2.06	2.06	2.06	0.295 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Ortel Communications (ORTEL_BZ)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	1.66	2.06	2.06	1.66	0.046 times
23 Fri Aug 2024	2.17	1.38	2.17	1.38	7.58 times
29 Mon Jul 2024	1.32	1.58	1.65	1.32	0.214 times
24 Mon Jun 2024	1.67	1.35	1.95	1.35	5.349 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Ortel Communications (ORTEL_BZ)

Price action analysis of Ortel Communications ( (ORTEL_BZ) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Ortel Communications ( (ORTEL_BZ) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Ortel Communications ( (ORTEL_BZ) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Ortel Communications stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Ortel Communications in short term but the sell signal is initial and weak.

Ortel Communications Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Ortel Communications in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Ortel Communications is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1.93 and Ortel Communications (ORTEL_BZ) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Ortel Communications (ORTEL_BZ) stock. Volume based technical analysis of Ortel Communications (ORTEL_BZ) stock is negative.

Ortel Communications Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.